April 6, 2020

PSALM pares down debt to P417.88B

By Lenie Lectura -April 6, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its principal financial obligations to P417.88 billion last February, from P422.011 billion recorded at the end of 2019. PSALM President […]
March 20, 2020

PSALM resets Malaya plant bidding to May 19

By Lenie Lectura -March 20, 2020 from Business Mirror The deadline for the submission of bids for the Third Round of Public Bidding for the Malaya Thermal Power Plant (MTPP) facility and lot had been moved to May 19, the […]
February 14, 2020

PSALM asset privatization proceeds soar to P71.97 billion in 2019 from P33.34 billion

By Lenie Lectura – February 14, 2020 from Business Mirror PROCEEDS from last year’s privatization programs of the Power Sector Assets and Liabilities Management Corp. (PSALM) ballooned to P71.97 billion from P33.34 billion in 2018. “PSALM’s total privatization proceeds in […]
February 3, 2020

PSALM starts soliciting bid invites for Malaya power plant privatization

By Lenie Lectura -February 3, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. has started soliciting bid invites for the privatization of the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP). “PSALM is ready to commence its third round […]